Vanguard and iShares S&P 500 ETFs Compared: Is There Really a Difference?
Explore how these two leading funds stack up in sector exposure, liquidity, and dividend payouts for investors seeking broad market access.
Vanguard and iShares S&P 500 ETFs Compared: Is There Really a Difference?
Overview
S&P 500 funds are likely a core holding for any investor. There are plenty of options out there for gaining exposure to the index. We look at two of the largest, the Vanguard S&P 500 ETF (NYSEMKT:VOO) and iShares Core S&P 500 ETF (NYSEMKT:IVV). These two ETFs are nearly identical in cost and performance, though VOO commands a significantly larger asset base while IVV offers a longer track record.
Investors seeking a low-cost foundation for a long-term portfolio often narrow their search to these two titans. Both VOO and the iShares fund aim to mirror the performance of the S&P 500 index, providing diversified exposure to the 500 largest American corporations. Because they track the same underlying index, they serve as interchangeable building blocks for growth-oriented investors.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.
